Medbuy has made several new appointments to its Board of Directors, which were approved by our Shareholders at the Annual General Meeting on June 17. Changes to the Board size and complement have been made as a result of the Board renewal process undertaken earlier this year to ensure Medbuy is equipped for continued success and growth.

Each year, the Canadian Society of Hospital Pharmacists (CSHP) request submissions for its National Awards Program, which is focused on improving patient outcomes by promoting excellence in hospital pharmacy practice. Awards are presented to pharmacists worthy of recognition for professional dedication and commitment to the pharmacy profession and patient care.

This year, we are pleased to announce that two of the submissions we sponsored received awards.

Today our Members face unprecedented pressure to contain costs within their organizations while continuing to deliver quality patient care. As a trusted service provider, it is more important than ever that we challenge ourselves to find new ways of maximizing the value we bring to our Members while upholding the highest standards of quality and safety.

Check out our 2014 Annual Reportto find out what steps we've taken to meet this goal.

Medbuy recently awarded regional contracts for the dialyzers portion of our Hemodialysis RFP, marking our first time using a proposal-style submission strategy for a regional RFP. This approach resulted in a highly successful outcome, generating an average of 40% savings for our Members. This was the first time dialyzers were offered through a Medbuy contract, and we were pleased to be able to expand the scope of our product offering to help Members achieve savings.